A major report from the parliamentary commission on banking standards calls for a new law to jail bankers for reckless misconduct, the deferral of bonuses and more measures to foster competition.

Dalian Wanda Group, the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe's tallest residential tower.

Japanese shares advanced, with the Topix index climbing for a fourth day, amid lower volume before the conclusion of a U.S. Federal Reserve meeting.

339�p +1�. Questor says BUY. Since Crest Nicholson rejoined the London market in February, shares in the company are up more than 50pc.

Federal Reserve officials both expect and want inflation to be higher than it is. So far, that isn't happening. Consumer price data released Tuesday showed inflation rose a mere 1.4% in May from a year earlier.

LOCAL planners have approved plans to to build up to 277 wind turbines in an area of sea off the Caithness coast more than twice the size of Dundee.

European stock-index futures advanced as investors awaited the conclusion of the Federal Reserve's policy meeting for indications on stimulus measures.

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Two firms in BBC documentary series The Call Centre were fined a total of �225,000 today for making nuisance sales calls. The Information Commissioner's Office said there had been 2,700 complaints about Nationwide Energy Services and We Claim You ...